High inflation is causing GLOBAL protests

[palle11]

The government and its cabinet ranks must understand the situation in their country and have an appropriate policy in rebuilding and restoring their economy. not by raising the price of goods and tax rates for the lower classes is the same as torturing their own people. I don't care about the various reasons from the cabinets in the government if they can't serve the people in this crisis then they have failed miserably in building their country.

The government is not giving much attention to food and the products are all going higher than what it was 5 years ago. Most country's economy is going down eaten by the high inflation and this is caused by misplaced priority in policy making. I think wars are part of the reason for inflation because in Russia and Ukraine fight, there are no maximum production going on there and that can affect much of what other countries need which will be in shortage and the few remaining will be purchased in high price.

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[Davidvictorson]

The government and its cabinet ranks must understand the situation in their country and have an appropriate policy in rebuilding and restoring their economy. not by raising the price of goods and tax rates for the lower classes is the same as torturing their own people. I don't care about the various reasons from the cabinets in the government if they can't serve the people in this crisis then they have failed miserably in building their country.

TIn the country which I reside is experiencing its worst inflation rate in its history. In addition, the country's currency is being devalued at an exceeding alarming rate. Most of the citizens are turning to bitcoin. Personally, I do not think that creating policies is the issue here. What I think is the  lackadaisical attitude of the government towards the implementation of the thousands of policies on economy, food, agriculture, security, infrastructure, employment, education, health, culture and tourisms etc that has already been created in the passed. This is what is causing untold hardship and suffering for the populace.

[Sayeds56]

It can be concluded that there were widespread protests due to the increase in the price of goods that were not in accordance with the minimum wage received. Inflation is getting wider due to the absence of state policies regarding the fulfillment of people's rights, stakeholders fail to guarantee food needs and oil prices as necessities.
As a result, inflation is unstoppable and widespread at this time, state policies are not in favor of the people, even worsening the conditions of the countries you mentioned today.

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

[Webetcoins]

It can be concluded that there were widespread protests due to the increase in the price of goods that were not in accordance with the minimum wage received. Inflation is getting wider due to the absence of state policies regarding the fulfillment of people's rights, stakeholders fail to guarantee food needs and oil prices as necessities.
As a result, inflation is unstoppable and widespread at this time, state policies are not in favor of the people, even worsening the conditions of the countries you mentioned today.

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

We have even higher unfortunately, but I also got a good raise based on the inflation as well, the problem wasn't really the inflation for me, it was the fact that it didn't end. If I used to earn 10 amounts and spend 10 amounts, but then inflation happened and now I earn 20 amount and spend 20 amount then it would make sense, that's fine, I am fine with that really.

But, I got 10 and spent 10, then I spent 11 so I earned 11, and then 12 to 12, 13 to 13 and it continues, it doesn't end, it keeps going up. So whatever happened and that's okay, it is in the past, we can't change that and we can't drop the prices 50% suddenly. But at least it should stop, stop going up, just stay around these prices.

[BRINIRHA]

Public protests in several countries cannot be avoided. because inflation will indeed trigger riots that continue to peak. Because there will be economic disparities. People with low incomes will be more depressed. because even before inflation they were already depressed with low salaries, so if it is added with inflation that continues to increase where the prices of all kinds of necessities of life continue to increase. and the fact is that in some countries even though inflation continues to rise, employee salaries are not adjusted. so that the salary value becomes lower than before inflation.

Those of you who are still in a country with an inflation rate below 10% I think you can still be said to be lucky because some countries have even experienced inflation with a much higher rate of hundreds of percent. the country is like

1. Lebanon (211 percent in May 2022)
2. Sudan (192 percent in May 2022)
3. Zimbabwe (192 percent in June 2022)
4. Venezuela (167 percent in May 2022)


Of course we imagine how the economic conditions there with inflation rates of up to hundreds of percent. and in these countries public protests have been going on for a long time. but to rise from the economic downturn is really difficult. and requires a long process. and support from other countries. and what is more important is the absence of fraud in the government of a country such as corruption. and the fact that corruption can lead to inflation. and conversely inflation can trigger a higher level of corruption in the government.
even the rich will start to stock up on food and energy so that the stock of food and energy will be more and more limited and make it more scarce. and that triggers the price to rise even higher. which means inflation will get worse.

[wmaurik]

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

[Moneyprism]

All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.

this has happened in my country... right after the government started to raise the price of oil,, many people started to take to the streets and protest.. because with the rising price of oil this will make transportation costs and many other things increase,, on the other hand people's salaries are not comparable with their cost of living and this causes inflation and many poor people suffer even more

[cabron]

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

[Fara Chan]

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

Almost all countries have big inflation lately with rising raw material or fuel oil prices, I don't know where you live and 45% inflation as you mentioned. However, it turns out that the existence of the government cannot guarantee the food needs of the community, so the protests are getting bigger and wider in various regions.
People should start buying food supplies while inflation is taking place and start storing those supplies for the next few weeks, and if prices return to normal within a few weeks then inflation can be suppressed.

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

Inflation has nothing to do with employment as you mention, because the minimum wage does not keep pace with the rise in the prices of basic goods. Inflation cannot be prevented, if basic commodities do not return to normal as usual selling prices, then working no matter how hard is not a solution, because the minimum wage has been set long before inflation occurs. We must be able to emphasize the supply of basic commodities, so that the market returns to normal for the price of these needs.

[Wind_FURY]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

[Jody.Drummer]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

Now this will be a domino effect indeed. bad news, the number of protests in every country and some statements about war from several countries will obviously worsen the current situation.
Now there is nothing that can be done because surely the ones who will suffer the last are the people who do not have the power both in the economy and the political power who are the targets affected in this case.

It's really hard when you want to stop something like this because it is certain that protests will occur everywhere when there is something that will indeed cause misery.

[Smitty Werben Man Jensen]

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

In the end indeed it all depends on the leader and being rich does not mean we will not suffer,
and of course there are many products that require gas in their production,
because when gas prices soared it caused a domino effect

[Wind_FURY]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

Now this will be a domino effect indeed. bad news, the number of protests in every country and some statements about war from several countries will obviously worsen the current situation.
Now there is nothing that can be done because surely the ones who will suffer the last are the people who do not have the power both in the economy and the political power who are the targets affected in this case.

It's really hard when you want to stop something like this because it is certain that protests will occur everywhere when there is something that will indeed cause misery.

Plus the last time Russia did a "partial mobilization" was targeted to Austria-Hungary, there as also partial mobilizations done during the Russia-Japan War, both which became the forerunner of World War I. If we take history, and learn from it, it teaches us that "partial mobilizations" has always been an "opening" for a wider-ranging war.

[G_Besar]

In the end indeed it all depends on the leader and being rich does not mean we will not suffer,
and of course there are many products that require gas in their production,
because when gas prices soared it caused a domino effect

A very clear effect that can arise on products when gas prices soar is the price of the product which will become more expensive than usual or the price of the product to be marketed will also increase because considering the increase in production costs which are no longer the same as before.

And actually the rich will not suffer so much from the spike in gas prices as long as he can still carry out his production or activities to make more money under different conditions. Because in such a case it is clear that it is not only wealth that must be relied on, but also smartness in managing capital so that production can continue to run without obstacles at the cost that must be incurred.

[worldofcoins]

All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.

this has happened in my country... right after the government started to raise the price of oil,, many people started to take to the streets and protest.. because with the rising price of oil this will make transportation costs and many other things increase,, on the other hand people's salaries are not comparable with their cost of living and this causes inflation and many poor people suffer even more

It's natural to protest when things go hayway for majority of people, they eventually get what they want through protest if they're persistent enough.
- But it's the first time I'm seeing people letting their anger loose due to oil prices raising.
- Companies often don't want to pay someone more than what they want, in certain cases employee has to raise the question of getting paid more.

[Abiky]

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

What's the point of working when your salary won't increase in par with inflation? Prices for gas, oil, energy, and food keep rising when wages remain static. Effectively, the poor become poorer while the rich, richer. I guess that's the reason why most people worldwide are protesting against inflation. It's governments' policies that are destroying everything.

Unless inflation is put under control and wages increase at a considerable rate, things will only get worse in the long run. I hope that COVID-19 and the Russia-Ukraine war ends soon so things could get back to normal. The future is widely unpredictable, so can only hope for the best. Just my thoughts

[Sithara007]

Plus the last time Russia did a "partial mobilization" was targeted to Austria-Hungary, there as also partial mobilizations done during the Russia-Japan War, both which became the forerunner of World War I. If we take history, and learn from it, it teaches us that "partial mobilizations" has always been an "opening" for a wider-ranging war.

I don't think that the ongoing conflict will spiral towards a wider regional conflict. Neither Russia, nor the neighboring EU nations can afford a regional conflict, in which hundreds of thousands of individuals, or even millions will be killed. And considering the fact that Russia is the country with one of the largest nuclear arsenals, I don't think that NATO will risk a direct conflict with the Russians. For now the proxy conflict will go on. And I don't see either sides making much progress (territorially) before the war ends in stalemate.

[electronicash]

Plus the last time Russia did a "partial mobilization" was targeted to Austria-Hungary, there as also partial mobilizations done during the Russia-Japan War, both which became the forerunner of World War I. If we take history, and learn from it, it teaches us that "partial mobilizations" has always been an "opening" for a wider-ranging war.

I don't think that the ongoing conflict will spiral towards a wider regional conflict. Neither Russia, nor the neighboring EU nations can afford a regional conflict, in which hundreds of thousands of individuals, or even millions will be killed. And considering the fact that Russia is the country with one of the largest nuclear arsenals, I don't think that NATO will risk a direct conflict with the Russians. For now the proxy conflict will go on. And I don't see either sides making much progress (territorially) before the war ends in stalemate.

we are yet to know. liz truss also announce of Nuclear launch before Putin but people were cheering for her. but when Putin also said he is willing also to fight back with the more sophisticated weapon everyone frown lol

this war will likely blow wider if none is going to the negotiation table. Macron of France is willing but its just words besides he has no say about this since Its the EU or US who has the decision of all these.

[dezoel]

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

Almost all countries have big inflation lately with rising raw material or fuel oil prices, I don't know where you live and 45% inflation as you mentioned. However, it turns out that the existence of the government cannot guarantee the food needs of the community, so the protests are getting bigger and wider in various regions.
People should start buying food supplies while inflation is taking place and start storing those supplies for the next few weeks, and if prices return to normal within a few weeks then inflation can be suppressed.

Food is not something you can keep forever, there are some doomsday type of canned foods that you could not use them forever neither because you would be bored of eating those. This means that majority, nearly all the foods that we eat could be ruined if we do not eat them on time because they have expiration dates.

Food inflation could only be dropped if we end up with 2 things, 1) oil prices going down because food requires you to move them around to get it at the hands of the people who will eat it from farmers and 2) if we end up with some huge government subsidiaries where they pay the farmer or not get taxes etc and help them in the long run.

[ingiltere]

You call this high inflation? LOL. We have more than %200 inflation here and people are still scared to protest because of dictatorial government. Minimum wage is under the poverty line here in Türkiye. New iPhone 14 is about 6.5x minimum wage here. That means you have to work for more than half year to buy just a simple phone.

The world is changing. We haven't seen any World War or epidemic. Covid is nothing besides these. Governments print money like there is no tomorrow. Inflation will not stop anywhere. Whether you protest it or not, these won't change soon. Future generations are already in debt.